Filing Flows › Paradium.AI (PAAI) › Q4 2024
Paradium.AI (PAAI) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Apr 15, 2025
Paradium.AI (PAAI) reported revenue of $36.2M for the fourth quarter 2024 (Q4 2024), -18% from a year earlier and +8% from the quarter before. Operating margin was 28.6%, net earnings $6.9M (19.0% of revenue).
Paradium.AI, Q4 2024: revenue $36.2M (-18% year over year), operating margin 28.6%, net earnings $6.9M, operating cash flow −$8.6M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $36.2M | +8% | -18% |
| Gross profit | $19.1M | +12% | +7% |
| Operating profit | $10.3M | +28% | +237% |
| Net earnings | $6.9M | +74% | — |
| Operating cash flow | −$8.6M | — | — |
What changed
Revenue was $36.2M in Q4 2024, down 18% year over year and up 8% from the previous quarter.
Gross margin was 52.6%, up 12.4 points from a year earlier. Operating profit was $10.3M, a 28.6% margin (up 21.6 points year over year). Operating expenses fell 41% while revenue fell 18%. Net earnings were $6.9M. The effective tax rate was 1.9%.
Operating cash flow was −$8.6M. Non-cash charges added back $899K of depreciation and amortization and $295K of share-based compensation. Working capital and other items used $16.6M.
Questions
What was Paradium.AI's revenue in the fourth quarter 2024?
Paradium.AI (PAAI) reported revenue of $36.2M for the fourth quarter 2024 (Q4 2024), -18% from a year earlier and +8% from the quarter before.
Was Paradium.AI profitable in the fourth quarter 2024?
Operating profit was $10.3M (28.6% of revenue) and net earnings $6.9M.
Source: Paradium.AI 10-K on SEC EDGAR.